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20130116
20130116
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to the president about past conflicts over the deficit reduction. mark and i were talking about how far back we go. it is a few years. and i remembered him of the earlier sessions that we had. gramm-rudman one and two and gran member holland. i've googled it for all of them. and i was thinking there have been two major changes. number one is the dataset that is clearly much greater. the deficit is much greater. when i think of the ways and means committee, would change their has been in the composition. the ranking member at a time when i started went to the world bank. i worked with bill on trade. he was handling the tax material mainly. and bill was working on health care at the time. i think a second major change is very much effective today and affects us today. it is this change in composition of the republican party. i think it has moved very much more to the right. i think that makes it very difficult to handle the problems that we have before us. let me comment briefly on where we are. you offer the president yesterday. we have had spending cuts of a trillion and a half dollars. it comes f
several years from 2000, where we had a surplus under president clinton to get to a deficit under president bush. so it will take some time. but i think sequestration is a blunt instrument. it doesn't allow the cabinet secretaries, not just the secretary of defense, but the secretary of every other agency, to make judicious judgments about which programs are higher priority. and we in the congress should be able to make those judgments ourselves, working with the administration. so i don't think it's the right instrument. i think the goal is appropriate, which is to reduce the deficit, do it in a balanced way, and recognize that there are some things that you can do up-front, quickly. there are some things that are best done, sort of, towards the end of the cycle. and the other factor, too, is we can't forget that one of the best anecdotes to a deficit is a strong, growing economy, particularly growing jobs. and so there are things we have to do to grow jobs. >> i think everybody agrees on the jobs front. anyway, senator jack reed, democrat from rhode island, the senior man when i
with a comprehensive debt and deficit reduction plan. the debt ceiling and all around it doesn't really solve the problem. it is a waste of time. adam: let me interrupt you because we have had this debt ceiling essentially part of our discussion for almost 100 years, going back to 1917 with the issue of liberty bonds. now today we talk about the debt ceiling and we talk about its impact, this debate for the people who are watching, and, getting to this craziness we see the market reacting in a way you can't anticipate. what would happen to our 401(k) if congress he said they have to get together, i was thinking two words, "good luck." whether they can't do something? >> if they don't raise the debt ceiling and let's say we get debt downgrades, the market has a fit basically and drops as they did in 2011, all our investments will get hit. the stock market will go down as it did in a big way in the summer of 2011. on the other hand, if they extend the limits, the debt ceiling limit and do something more, maybe not a grand compromise, something more in terms of deficit reduction, my guess is the
house caprettto prioritize the government's bills. guest: we have had some deficit reduction. as the president laid out a couple days ago, we have had over $2 trillion. we had 1.5 trillion that came from previous actions. and then we added just a few days ago some further deficit reductions through some increased taxes on the very wealthy of this country. so we have already begun to undertake a deficit-reduction. to use that as a reason to use the debt ceiling as a weapon is really playing with fire. they say pay some bills and not pay others. we have never tried that before. host: is it feasible? guest: i don't think so. which bills? social security? veterans? people out fighting for this country? which bills you pay? we never tried that. i think the president put it so well. this is not a dead beat nation, really. i think common sense is likely to prevail within the republican ranks. i know firsthand, second-hand, but much of the leadership within the house republican caucus, some of them realize the potential consequences. host: if president obama won on the fiscal cliff d
an indepth look on how to plan, how he plans to fix the deficit and whether or not it's going to work as he suggests. during sleep train's huge year end clearance sale, get beautyrest, posturepedic, even tempur-pedic mattress sets at low clearance prices. plus, get free same-day delivery, set-up, and removal of your old set. and through monday, get 3 years interest-free financing on selected models. but hurry, the special financing offer ends martin luther king, jr. day. don't miss the year end clearance sale at sleep train. superior service, best selection, lowest price, guaranteed. ♪ your ticket to a better night's sleep ♪ >>> president obama struggling with the debt ceiling, that's always a fun comedy premise. wow. this will be good. debt premise. no, president obama told congress it must raise our debt limit because the u.s. is, quote, not a deadbeat nation. yeah. and the president added, by the way, if china calls, i'm not here. >> conan o'brien poking fun at the latest financial crisis. comedians, of course, joking about it. the country's debt, one of the big issues facing the pre
to prioritize the government's bills. what's wrong with that idea? guest: we have had some deficit reduction. as the president laid out a couple days ago, we have had over $2 trillion. we had 1.5 trillion that came from previous actions. and then we added just a few days ago some further deficit reductions through some increased taxes on the very wealthy of this country. so we have already begun to undertake deficit reduction. to use that as a reason to use the debt ceiling as a weapon is really playing with fire. they say pay some bills and not pay others. we have never tried that before. host: is it feasible? guest: i don't think so. which bills? social security? veterans? people out fighting for this country? which bills do you pay? we never tried that. i think the president put it so well. this is not a deadbeat nation really, and i think common sense is likely to prevail within the republican ranks. i know, if i might say so, if not firsthand, secondhand, much of the leadership within the house republican caucus, not all of it, i think some realizes the potential consequences. host: if
this. yes, it may run up the immediate deficit, but once again, for every dollar that we invest in those levees we not only save lives and property, but we put people to work and we get the economic engine going. further up in my district, again, along the sacramento and the rivers, i have a project that's 44 miles of levee that clearly will fail. it has failed four times in the last 60 years. lives have been lost. one of the most catastrophic failures of a levee happened in this stretch of river. we need to rebuild that. the federal government's role in these construction projects of these levees has gone back to the very beginning of this nation and it is congress' task to allocate the money to decide the projects that are going to be built. but unfortunately we tied ourselves in knots here with certain rules that have been put in by our republican colleagues that prevent us from taking the necessary action to protect our communities. we're not talking about, you know, willy nily unnecessary projects. we're talking about saving -- nilly unnecessary projects. we're talking abou
of the debt ceiling, but because they want a credible deficit reduction plan, and the president doesn't seem to be interested in actually coming up with a credible way to deal with the amount of spending we are doing in this country. bill: if that is the says, doyoo many me, do you think it can get through the senate. >> i imagine harry reid under the direction of the president will try to block these things. i'm going to continue to cosponsor senator haopl me's plan. we have a spending problem in this country. they know it in wyoming, families have to balance their budget every year. many states do. we do in wyoming. it's time for this senate and the house and the president to get serious about limiting our spending and specifically the wasteful spending that continues. in the last hour stewart varney and martha talked about some of the abuses that continue to go on. people know that their tax dollars are being wasted. we need to get the spending under control. bill: two days ago brit hume told us this will be bloody, this battle. will it? >> the future of our country is at stake here and t
downgrade. we didn't even increased the deficit. >> uh-huh. >> hurt the economy, jobs monthly job growth was cut in half. this is serious. >> yeah. the idea that they would play politics with this debt ceiling is really unconshunable. >> we are seeing the financial sector weigh in now business roundtable chamber of commerce. >> do you know how bad it is? get this. the koch brothers yesterday came out. the koch brothers. >> allies, our allies now. >> yeah. they came out yesterday and said, republicans are making a big mistake to play politics with the debt ceiling. when the koch brothers and jan schakowski are on the same side -- >> that's a headline right there. >> i think it is. all right. evans mcmorris good to see you? >> sure. >> congresswoman, it was good to see you. >> enjoyed it. >> thanks so much. i will be back with a quick parting shot here. >> this is "the bill press show." rogaine? well, i'll admit it. i was skeptical at first. but after awhile even my girlfriend noticed a difference. [ male announcer ] rogaine is proven to help sto
means of controlling deficits, and a danger to this country's standing in the world financial markets. >> we must not permit and artificial debt ceiling to throw the country into default and our economy into chaos and depression, which is exactly what the republicans are threatening to do. jon: some conservative groups warn that removing the limit is a recipe for economic disaster, as we're seeing now in greece. the leaders of heritage action family research council and club for growth writing in an op ed they want congress to balance the budget within ten years and keep it balanced. quote, no american should have to tell an eight-year-old child that we cannot get our nation's house in order by the time she goes to college. there are many ways to get to a d republicans haved both an obligation to explain what path they will choose. jonah goldberg is editor at large for national review online, he's also a fox news contributor. get rid of the debt ceiling all together? jonah, what do you think about that idea? >> well i don't think it's a disaster if we got rid of the debt ceiling but i
debate. i'll be very concrete. other such on the whole reason we have large budget deficits is because the economy collapse. and in classic washington fashion, this is the case with the schoolhouse is on fire and rather than focusing on putting the fire out, everyone in washington runs out to use as much water. the budget deficit is the economy right now. that's the to 50 minute like that but that's the truth. i think it would be great if an organization with strength and integrity of a or b. would stand up and make the point because we're having an entire budget that is basically premised on something that is not true. >> i agree with you. we do have underlying pieces of our economy that need to get fixed. but massive change in spending and we've already cut a trillion dollars over all in spending. we've cut medicare as part of the political their act. we have to be really careful and just solving these problems by cutting spending. .. >> we do it in a way that supports families and the population that we have. >> let me just add to that. i agree with you, but unfortunately, most of t
, three months, four months and more if need be when he wants to do big things on debt and deficit, big things on medicare, comprehensive immigration reform, and will be in a fight with republicans over that? this is going to be a test of how long the president is prepared to wage what -- to get hard stuff done to get an assault weapons ban, to get the magazine clips, universal background check is easier, but the president has to dig in and fight and it will be fascinating to watch. >> this is a statement we have gotten from the nra, national rifle association, part of the statement. we look forward to working with congress on a bipartisan basis to find real solutions to protecting america's most valuable asset, our children. attacking firearms and ignoring children is not a solution to the crisis we face as a nation, only honest, law abiding gun owners will be affected and our children will remain vulnerable to the inevitability of more tragedy. to the inevitability of more tragedy, john king, to the latter part of that statement, congress could enact everything that the president is a
a fifth year in a row where we are going to have a deficit exceeding a trillion dollars a year. that's the greatest threat to the middle class in america and we are committed to trying to address that problem. that's one of the reasons why i voted against the fiscal cliff deal. the president called for a balanced approach. i think his approach raising taxes is not the way to grow our economy. nonetheless, he indicated there would be spending cuts. there were not. in fact there were spending increases in that bill. host: fix boxer's original assault gun ban. echoing a recent poll that said 30% of those polled are dissatisfied with gun laws, want to see them strengthened. not specific gun laws but, you know, saying we need to reinstitute the assault weapons ban and fix it. guest: well, the evidence -- again, we are certainly willing to listen to proposals that are offered by the president and his commission and by others, but the original assault weapons ban was not a meaningful law because it did not distinguish between the so-called assault weapon and other types of firearms that fir
. the problem is if you'd inadvertently did not disclose information, you are put out a credibility deficit with the public, and sometimes it is hard to get out of that, and it is difficult for or organizations to think about releasing the information before it is out for. -- asked for. i have been involved in several situations where the information was available and understandable. it mitigated some concerns. it was difficult to make that transparent, and catching up with that is really difficult. one reason for the impact was the lack of information as a baseline for understanding there had been a change. as a context for moving beyond the research done, what do you think the larger research agenda ought to be about? >> the hydrocarbons in the continental shelf and inland areas are pretty well known. it is the deep sea we did not have information for. i think the deep sea ecosystem is an area we need to emphasize, and some of the longer living organisms such as marine mammals. one of the issues is the effect of multiple stressors. we have some smart jury is that were heavily oiled, and s
Search Results 0 to 13 of about 14